Publication Date: March 18, 2008

Bulletin ID: DLB-08-08

Summary: 2008 HHS Poverty Guidelines and Income Percentage Factors

Attached are the 2008 U.S. Department of Health and Human Services (HHS) Poverty Guidelines and the 2008 Income Percentage Factors. The HHS Poverty Guidelines and the Income Percentage Factors are used to calculate a borrower's payment amount under the Income Contingent Repayment Plan. For this purpose, the 2008 HHS Poverty Guidelines and Income Percentage Factors will become effective on July 1, 2008.

The HHS Poverty Guidelines are also used in some cases when determining a borrower's eligibility for an Economic Hardship Deferment. For deferment purposes, the 2008 HHS Poverty Guidelines are effective immediately.

Thank you for your ongoing partnership in the Direct Loan Program.

Sincerely,

William Leith
Acting General Manager, Application, Operations and Delivery Services

Attachments/Enclosures:

2008 HHS Poverty Guidelines and 2008 Income Percentage Factors in PDF Format, 129KB, 1 page

Posted 03/19/08 to www.NASFAA.org. Please submit Web Site questions or comments to Web@NASFAA.org